I've read a few old discussions but have a few more questions.1.

There are no members in a limited partnership.Furthermore - you can't be a limited partner if you are providing day to day input.Syndication - There are many definitions of syndication but most people think of it when you are looking to obtain capital from private investors.

I discussed with my sister house hacking and other investment ideas and we looked at duplexes and houses with apts..My sister and her husband have decided to build a home and put an apt int the basement for our parents to live.  

Would you fellow Oceansiders be interested in a local investor group that meets once in awhile to learn from each other and discuss the local market?

If warranted, a meeting is set up with the individual to discuss the details of what they are doing.

Cash would be $159kI would need to discuss this with my attorney but the nuts and bolts would be $184K purchase price, 7% interest only for 10 years with 20% down.I’m looking to make sure my formula is correct but would like for members to break this down.

Here are some first stepsCheck out the local forum for Kansas City and see who's postingSetup notifications for Overland Park, Olathe, Merriam, Kansas CityStart contacting other local investors to meet and discuss the marketGood luck!

I'd like to allow a reasonable time frame for renter/buyer to repair credit, but I'm not looking to be locked into a looooong term commitment.For those that do not/cannot obtain financing after x number of years, what options (if any) do you typically offer?

REPLACE MISSING FLOOR COVERING”The floor is missing throughout the entire house, so how does this normally work when obtaining a loan, if someone can please break it down for me.

I would like to start a discussion about deal making to help clarify some confusions that I have that generally revolve around logistics with execution.